In 2024, Pihlajalinna Plc. will focus on organic growth and improving its profitability and financial position as well as leadership development. Ensuring the operational progress in line with the objectives, Pihlajalinna is strengthening the composition of its management team.

Heikki Färkkilä has been appointed as Chief Strategy and Group Operations Officer (CSOO) and a member of the management team of Pihlajalinna as of 17 June 2024. He will be responsible for the development and implementation of the company's strategy and Group operations such as procurement and facilities. Färkkilä will join Pihlajalinna from Neste Corporation where he has held various leadership positions since 2013, most recently as Vice President, Chemical recycling and renewable polymers and chemicals.

Tuula Lehto, the Vice President, Communications and Sustainability for Pihlajalinna, has been invited to join company's management team. Lehto is responsible for the company's communications, investor relations and the development and reporting of sustainability. She has been in this role since August 2022 and has been serving as an expert member of the management team since 2023.

Lehto has over 20 years of diverse experience in communications and sustainability across various business areas, including communication consulting. She joined Pihlajalinna from the similar role in Oriola Corporation in 2022. Lauri Muhonen has been appointed as Chief Information Officer (CIO) and a member of the management team of Pihlajalinna.

He will start in the position latest 1 August 2024. Muhonen has a strong background in diverse IT and digital development roles within the healthcare and pharmaceutical industries. He will join Pihlajalinna from Aava Healthcare Group where he has been working as Chief Digital and Information Officer from 2017.